The Real Madrid forward pipped the likes of Lionel Messi and Neymar to the prestigious honour after leading Los Blancos to European and La Liga glory last season.

Ronaldo now joins Messi in winning the trophy five times, with the pair dominating the award for the last decade.

The 32-year-old had already scooped FIFA's 'The Best' award earlier this season as his triumphant 2016-17 campaign was recognised.

(Image: REX/Shutterstock)

Ronaldo was all smiles on Thursday (Image: AFP)

Ronaldo has landed another award (Image: REUTERS/Juan Medina)

Fresh off the back of winning Euro 2016 with Portugal, Ronaldo followed that up with 42 goals in 46 games as Real Madrid won La Liga, the Champions League, the UEFA Super Cup and the FIFA Club World Cup - the first time the side had won four trophies in a season.

After picking 'The Best' award in October, Ronaldo spoke of his aims for the current season.

“The next year I don’t know what is going to happen. I just feel happy, the moment is brilliant and I am glad.

Ronaldo with the Champions League trophy in May (Image: Getty Images Europe)

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"To win the Champions League again, to try win the league. And in terms of individual, try to do my best as always. Let’s see what is going to happen.

“The World Cup is eight months away. It takes a long time. Let’s enjoy the moment, La Liga, the champions league, the cup.”

Real are currently fourth in La Liga and qualified for the last-16 of the Champions League by finishing second in their group behind Tottenham.